BOULDER, COLORADO: Global energy capacity for next-generation advanced batteries is expected to each 6.5 GWh annually in 2025, according to new report from Navigant Research titled 'Next-Generation Advanced Batteries'.

The research analyses the global market for next-generation advanced batteries in two key sectors: transportation (motive) and grid-tied stationary energy storage through 2025.

The research also stated that several new battery chemistries are projected to enter the global transportation market as researchers look to meet and exceed the safety expectations of lithium ion (Li-ion) at lower price points.

These new chemistries, which are not yet commercially available, include lithium sulfur (Li-S), lithium solid-state (Li-SS), next-generation flow, and a liquid metal battery, are expected to reach a combined global market penetration of 7.5 percent across the transportation and grid-tied stationary energy storage sector in 2025.

“The path toward commercialisation for next-generation advanced batteries remains challenging, with tremendous obstacles to overcome at each stage of growth,” says William Tokash, senior research analyst with Navigant Research. “Industry players looking to gain a strategic advantage should partner with large, well-funded, committed Li-ion battery technology and energy companies now moving into the energy storage sector.”

Li-ion is currently the primary chemistry used for transportation applications that require next-generation batteries, yet it presents future limitations, including challenges related to energy density, safety, and costs. According to the report, Li-S, Li-SS, next-generation flow, and other advanced batteries represent potential contenders that may begin to encroach on Li-ion market share as the world’s most flexible battery chemistry in these sectors.